Retirement Planning and the New Retirement

Retirement as we understand in modern America is ataking a benefit during the earlier years. My
relatively recent phenomenon. It really began back insuggestion is that you should consider rethinking the
the 1930's during the Great Depression. Prior to thatwhole concept of retirement. If you are involved in
period for hundreds of years, the concept ofwork that you hate, than you really should retire as
retirement was virtually unheard of. People simplysoon as possible. You probably should never have
worked until they died, or could work no more - theyconsidered remaining in that line of work to begin
did not retire.with but that's a whole different issue.
During the Great Depression in this country, thereIf you are involved in work that you find joy in, than
were at times as many as 25 million people whowhy retire? If it is mandatory that you retire, and
were unemployed, and that's when America had ayou do not control circumstances than you might
population approximately one half its current 300consider becoming a consultant in the very industry
million. As President Franklin Roosevelt, a Harvardthat you spent your career in. It is a quiet medical
educated patrician by birth, came up with thefact that people tend to die much more quickly when
concept of retirement. Since most of the jobs wereretired than if they remain gainfully employed. This is
held by people with seniority, meaning they wereespecially true for people who give up their homes
older people, the Administration determined that ifand leave the cities that they spent their lives in.
we could just get older people to retire, we couldThey go off to Florida or some other warm location
get younger people into the workforce.and leave their friends of many years behind.
The concept of Social Security was then introducedWhat they do not realize is that for many older
as a matter of law to get millions of older Americanspeople, the vast majority in fact it is very difficult to
out of the workforce and into retirement to open upmake new friends. You actually may be the friendly
what limited jobs there were for younger workers. Intype, but what happens is that older people tend to
the early 1930's when Social Security was introducedbe involved with cliques, and these cliques can go on
there were approximately 13 workers for everyfor years. Now you move into a new town 2000
person collecting benefits. The problem today is thatmiles away, and it is difficult to penetrate the already
there are only 3 people working for every 1 personformed cliques that are present.
collecting benefits. This is all you need to know toYou just might consider putting off active retirement
understand why Social Security is in trouble, bigas long as possible and continue to do what it is you
trouble that is.love. You will be far happier, and your soul and
Under Social Security people can begin to retire atpocketbook will reward you. Visit my Blog for other
age 62 plus. If you retire later than that, you receiveimportant articles.
an increased benefit to compensate you for not